Retired?...Need income?
Interest rates are extremely low!...Money sitting in money markets, CD's or short term bonds is giving you a few bucks each month...not much! Kiplinger's provides some stock and REIT's that provide income. Definitely more risk than your money markets, so talk with your financial advisor first.
12 Stocks To Get Dividends Every Month
Realty Income
Yield (as of May 4): 4.8%
52-week high: $55.54
52-week low: $40.56
5-year dividend growth rate: 5.7%
Last dividend increase: 0.3% in March 2015
Also pays in: Every month
This real estate investment trust pioneered the strategy of buying or building free-standing drugstores, restaurants, cinemas, fitness centers and similar buildings and leasing them to familiar chains, which pay the rent, maintenance and taxes. Realty Income (O) pays dividends every month and raises the rate several times a year, though slowly and usually by small amounts. The REIT is safe and consistent, with more than 500 consecutive monthly dividends to its credi